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Finances aren’t the most romantic conversation starter. But it's a talk that has to happen sooner or later in every relationship. And according to our guest, learning to have productive discussions about money can help you have healthier conversations in other aspects as a couple. So, life transitions expert, speaker, coach and consultant for Scotiabank and The Scotiabank Women Initiative Dr. Amy D’Aprix is back with some practical advice on how to talk to your partner about money.
There is a lot to consider when planning for your future. Discover Scotia Wealth Management’s Total Wealth Planning process and how it can benefit you. Learn More at https://www.scotiawealthmanagement.com/ca/en/about-us.html
For legal disclosures, please visit http://bit.ly/socialdisclaim and www.gbm.scotiabank.com/disclosures
Key moments this episode:
1:58 – The top issues Amy hears about from couples when it comes to talking about money
3:46 – Why the ‘sandwich generation’ may have an especially hard time talking about money with their partners
5:42 – How to start a conversation around early inheritance
8:00 – Some strategies for having productive conversations around money with a partner
11:41 – When money conversations tend to happen in a relationship (and why it might be too late)
12:37 – Why having productive money conversations can help other aspects of a relationship
13:31 – How to handle things when partners have differing approaches to money
15:03 – A trick from the Harvard Negotiation Project can help make a big difference in couples agreeing on finances
16:55 – Is having just one person handle the finances in a relationship okay?
21:17 – What conversations should couples have before they move in together?
22:41 – One thing you should never say to your partner when it comes to money
23:40 – Why conversations about money aren't really about money